Bitcoin Intraday: our next up target stands at 111320
Sep 2, 2025 12:02 AM
our next up target stands at 111320.
Our pivot point stands at 108230.
Our preference:
our next up target stands at 111320.
Alternative scenario:
below 108230, expect 107080 and 106400.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108801 and 108602).
Supports and resistances:
112690 **
112000 *
111320 **
110630
109138 last
108690
108230 **
107080 *
106400 **
Our preference:
our next up target stands at 111320.
Alternative scenario:
below 108230, expect 107080 and 106400.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 108801 and 108602).
Supports and resistances:
112690 **
112000 *
111320 **
110630
109138 last
108690
108230 **
107080 *
106400 **
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